US SB1133 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 11 2013 - 25% progression, died in committee
Action: 2013-06-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 11 2013 - 25% progression, died in committee
Action: 2013-06-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
New Markets Tax Credit Extension Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2013, and (3) allow an offset against the alternative minimum tax (AMT) for such credit (determined with respect to qualified equity investments initially made before January 1, 2014).
Title
New Markets Tax Credit Extension Act of 2013
Sponsors
Sen. John Rockefeller [D-WV] | Sen. Roy Blunt [R-MO] | Sen. Maria Cantwell [D-WA] | Sen. Benjamin Cardin [D-MD] |
Sen. Susan Collins [R-ME] | Sen. Amy Klobuchar [D-MN] | Sen. Lisa Murkowski [R-AK] | Sen. Charles Schumer [D-NY] |
Sen. Tim Scott [R-SC] |
History
Date | Chamber | Action |
---|---|---|
2013-06-11 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3939 (Related) 2014-06-13 - Referred to the Subcommittee on Workforce Protections.
HB4365 (Related) 2014-04-02 - Referred to the House Committee on Ways and Means.
HB4365 (Related) 2014-04-02 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Economic development
Financial services and investments
Income tax credits
Inflation and prices
Taxation
Economic development
Financial services and investments
Income tax credits
Inflation and prices
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/1133/all-info |
Text | https://www.congress.gov/113/bills/s1133/BILLS-113s1133is.pdf |